DUBLIN–(BUSINESS WIRE)–The “APAC Hyperscale Data Center Market – Industry Outlook & Forecast 2023-2028” report has been added to ResearchAndMarkets.com’s offering.
Asia-Pacific Hyperscale Data Center Market is projected to reach a value of $66.02 billion by 2028 from $45.74 billion in 2022, growing at a CAGR of 6.3%.
APAC hyperscale data center market is among the majorly growing markets across the globe, led by factors such as governments across countries supporting data centers, development of multiple industrial zones, rapid growth in submarine cable connectivity, significant investments from cloud service providers, entry of global colocation operators in the region in joint ventures and other factors.
China and India are the top two countries in the APAC region. Both countries account for over 65% of the APAC hyperscale data center market share. Hyperscale data center developers are opting for newer and upgraded IT infrastructure to develop facilities as it will give higher storage capability in limited space with an increased lifespan of IT equipment.
Recently AirTrunk announced its new data center in Malaysia, JHB1. It will be a 150+MW facility, with solar power panels installed on the roof with a 5MW capacity. Also, in Japan, the company is building its second facility with a power capacity of 110 MW.
KEY TRENDS
Digitalization has been growing as a major agenda by governments across all countries, such as Malaysia, Thailand, India, Australia, Japan, South Korea, China, New Zealand, and others. Companies are rapidly shifting from enterprise to cloud region, leading to increased demand in data center development.
Several Governments are announcing their digital strategies to strengthen the digital growth of respective markets. For instance, the Government of Australia has launched its Digital Economy Strategy 2022 Update with the aim for the development of the digital economy of Australia by 2030.
Increasing support from the government in the form of tax incentives, land availability in the form of new special economic zones, free trade zones, etc., has attracted more investment from hyperscale developers in the market. For example, Uttar Pradesh in India offers tax incentives and land at lower prices to attract data center investments.
SEGMENTATION ANALYSIS
Hyperscale operators are also increasing their presence with investment in cloud regions. Due to the entry of international players, complex construction is needed, bringing global construction players to APAC and increasing business for local subcontractors. For instance, Meta is developing a vertical data center in the region.
The APAC hyperscale data center market has strong growth potential for lithium-ion and nickel-zinc batteries for UPS systems in the electrical infrastructure segment. Operators can also adopt new-age generator sets that run on fuel types such as hydrotreated vegetable oil (HVO), natural gas, etc.
The market has adopted air- and water-based cooling solutions for cooling infrastructure. Especially in Southeast Asia, operators are more tilted towards adopting water-based cooling solutions due to the tropical climate.
GEOGRAPHICAL ANALYSIS
China has been a dominating market in the APAC region, followed by India, Australia, Japan, India, Singapore, and Hong Kong, among the other major countries for data center development in the APAC hyperscale data center market.
South Korea, Taiwan, Indonesia, and Malaysia are emerging markets in the region witnessing significant growth, especially due to digitalization and growth in connectivity. Countries such as Indonesia and Malaysia have started witnessing new investments and are expected to grow as unique preferences from operators.
KEY MARKET PARTICIPANTS
As most APAC regions countries are on the Pacific Ring of Fire, construction operators need to focus more on the stability of the structure, which is less prone to earthquakes, tsunamis, and other natural threats.
Lack of land availability will require creativity from construction companies to develop hyperscale facilities to house the maximum number of racks in minimum space. Also, due to a large number of investments, demand for local and global construction contractors will increase in the near future.
Increasing investment in the APAC hyperscale data center market will also bring investment in power infrastructure and related solutions. Development of renewable energy plants across the region to supply clean power to hyperscale facilities will need a newer type of switches and switchgears which could withstand power fluctuation from these sources.
KEY QUESTIONS ANSWERED:
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 439 |
| Forecast Period | 2022 – 2028 |
| Estimated Market Value (USD) in 2022 | $45.74 Billion |
| Forecasted Market Value (USD) by 2028 | $66.02 Billion |
| Compound Annual Growth Rate | 6.3% |
| Regions Covered | Asia Pacific |
VENDOR LANDSCSAPE
Prominent IT Infrastructure Vendors
Prominent Support Infrastructure Vendors
Prominent Construction Contractors
Prominent Data Center Investors
New Entrants
MARKET SEGMENTATION
Infrastructure
IT Infrastructure
Electrical Infrastructure
Mechanical Infrastructure
Cooling System
General Construction
Geography
For more information about this report visit https://www.researchandmarkets.com/r/e7yavl
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